J. Safra Sarasin reduces European inflation forecast for next year

13 September 2018 | 1 minute read

With growth in the euro area moderating in the second quarter and wages increasing only sluggishly in Europe, J. Safra Sarasin has reduced the region’s inflation forecast for 2019. “Growth disappointed, particularly in France and Italy, where a fiscal expansion might lead to stronger results in 2019 but also to higher interest rates for Italian bonds that will not benefit…

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